In a noteworthy trend picked-up by Trace International’s Global Enforcement Report, in 2014 non-U.S. enforcement actions concerning bribery of foreign officials outpaced U.S. enforcement actions for the first time. The widely held perception has been that only the United States enforces its anticorruption laws. The recently released report indicates enforcement by overseas regulators is on the rise, doubling since 2012, beginning to match the past decade of heightened enforcement of the U.S. Foreign Corrupt Practices Act.

https://complianceonline.co.za/wp-content/uploads/2016/03/white_logo-300x138.png00Compliance Onlinehttps://complianceonline.co.za/wp-content/uploads/2016/03/white_logo-300x138.pngCompliance Online2016-03-29 14:05:052016-04-07 07:42:40TRACE Report: The rest of the world outpaced U.S. corruption enforcement actions for the first time

The Organization for Economic Cooperation and Development (OECD) on December 2, 2014 released its first-ever analysis of anti-bribery on a global scale. 427 transnational bribery cases that occurred between February 1999 and June 2014 were reviewed. Read the key findings in this article.